Well-Loved Restaurant in NY's Leatherstocking Region

Oneonta, NY (Otsego County)

Well-Loved Restaurant in NY's Leatherstocking Region

Asking Price:$174,900

Cash Flow:N/A

Gross Revenue:$893,000

EBITDA:N/A

FF&E:$82,500

Inventory:$5,000*

Established:1980

*not included in asking price.

Well-Loved Restaurant in NY's Leatherstocking Region

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Business Description

This landmark, full-service restaurant, is located in a quaint and thriving upstate NY city known for its natural beauty and economic stability. During the establishment’s long history, the owners/partners have developed a large following of long-term and dedicated local patrons as well as business people, college faculty, staff and students and visitors. Decades ahead of the currently popular “eat local” and “slow food” movements, the establishment features fresh, local, healthy and traditional food products and provides quality food at affordable prices.

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Detailed Information

Inventory:
Not included in asking price
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 2,000 sq ft restaurant features an open kitchen, 70 inside seats, 60 outside seats and a well-appointed bar. There is also 500 sq ft in the basement with walk-in coolers and freezers.
Competition:
• Long-term history of consistent revenues and profitability • Loyal, local repeat patrons • Proprietary, popular recipes • Well-appointed dining room and outdoor deck with a scenic view • Magnificent cherry wood bar/counter and a historic oak back-bar • Profitable mix of lunch, dinner and bar revenues • Beer and wine license
Business Website:
http://www.autumncafe.com

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Robert Stevens

Business Listed By:
Robert Stevens

ThielGroup LLC.

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Sponsoring Broker:
Kathlene Thiel, MBA, CVA, CBI

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